Beta’s $1 Billion IPO Is Welcome Boost For Electric Aircraft Market
Beta is developing conventional-takeoff (background) and vertical-takeoff (foreground) versions of the electric Alia.
Credit: Beta
In recent months, the financial picture for electric aircraft startups has looked grim, as companies struggle—and some have failed—to raise the funding needed to pursue their plans. Then along comes Beta Technologies with an initial public offering that soared past expectations to raise more than $1...
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